Code, Hennessy & Simmons LLC intends to increase our investment pace in the healthcare industry during the coming years. Most recently demonstrated by our successful sale of Corporate Benefit Services of America, CHS is a valuable partner for management teams looking to grow their healthcare companies internally and through acquisitions. In addition to nearly $500 million of available equity capital, CHS has experienced investment professionals and firm resources dedicated to this healthcare initiative. Within the healthcare industry we are particularly interested in the following areas:

• Manufacturers of healthcare equipment, supplies and consumables
• Component and contract manufacturers servicing the healthcare industry
• Value-added distributors of healthcare products
• Staffing and business service providers serving the healthcare industry

Founded in 1988, Code Hennessy & Simmons LLC is a Chicago-based private equity firm that manages approximately $1.5 billion of capital in four funds. CHS focuses on building shareholder value in middle market companies through strong relationships with management teams and sound investment strategies. We are focused on majority-ownership opportunities in companies valued between $40 million to $400 million and have completed over 160 transactions in our fifteen year history. We will agree to pay standard buy-side arrangements.